Financial Planning Archive

Everything You Need To Know About the CARES & SECURE Acts

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As we enter the next few weeks of the ongoing COVID-19 pandemic the headlines are sure to disorient and worry us all. Federal, state and local responses will unfurl in real time with varying degrees of effectiveness, further confusing matters. It’s a difficult time to plan logically and efficiently on many fronts. In terms of… Continue reading

 

Jane Fonda, Lily Tomlin And Dolly Parton Are Still Clocking In And Reinventing Themselves — Well Past Retirement Age

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It’s hard to fathom, but the box-office hit “9 to 5” starring Jane Fonda, Lily Tomlin and Dolly Parton made its debut nearly 40 years ago. The 1980 office farce classic is the tale of three women who kidnap their boorish, sexist boss, played by Dabney Coleman. Their problem to overcome is how to run… Continue reading

 

A Foolproof, One-Move New Year’s Resolution Anyone Can Make

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Every January, a flood of people resolve to lose weight. Then they show up at a nearby gym for the first time ever. By February, everything settles down and the true gym rats are left to grunt in peace. That’s how it goes with resolutions. We break them at the slightest test of will. What… Continue reading

 

Inheritance? Here’s Why Not to Pay Off Your Mortgage

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We all know the stories of famous athletes who go broke. And then there is the infamous “lottery curse,” where winners end up bankrupt a few short years after hitting the jackpot. Most folks think that they’re smarter than that. They believe they will properly manage any inheritances that come their way. If only we… Continue reading

 

What Do Bella Hadid, Lil Wayne And Tom Hanks Have In Common? This Problem.

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It’s easy to think of celebrities as being above it all. Yet they have human bodies and the same frailties we all face, particularly as we age. The model Bella Hadid has Lyme disease. Rapper Lil Wayne is an epileptic. Actor Tom Hanks has Type 2 diabetes. The list of well-known people with chronic diseases… Continue reading

 

Ashton Kutcher Is Leaving Nothing To His Kids. Should You Do The Same?

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The actors Ashton Kutcher and Mila Kunis plan to leave nothing to their kids — at least nothing unearned. Kutcher, who starred with Kunis on the popular sitcom “That ’70s Show,” recently declared that he and his wife will give their earnings from Hollywood and their investments to charity, including anti-sex trafficking causes Kutcher supports.… Continue reading

 

Changing Jobs? Before Leaving, Don’t Forget This Money Move

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Americans change jobs a lot — more than a dozen times over a career. A new opportunity beckons, across town or across the country. Cake is consumed and co-workers hand you a card scrawled with cheerful goodbyes. Your boss says she’ll miss you but wishes you well. And that’s it. Except there’s one more thing… Continue reading

 
financial advice daughter

The Financial Advice I Give My Daughter

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You’re probably thinking: Isn’t it the same thing you tell your sons? Of course it is. The point is not that women need different guidance. Rather, women need guidance that too often is not given to them. As a financial advisor with my own practice I’ve witnessed firsthand a kind of learned helplessness among women… Continue reading

 

We’re Smart, Capable and Amassing Vast Wealth. So, Why Aren’t We Taking Control of Our Finances?

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I’m guilty. There, I said it. And, it feels great to confess.  I am among the millions of women, globally and across generations, who fall into a distinct category—highly-educated, affluent married women, widows or divorcees who defer significant financial decisions to their spouses or partners. Admittedly, the reassuring news is that I’m in excellent company. … Continue reading